Institute for Wealth Management, LLC.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 27, 2026), Institute for Wealth Management, LLC. reported 538 stock positions worth $943.4 million. Its top holding was Nvidia (NVDA) at 14.9% of the portfolio, followed by Apple (AAPL, 3.5%) and Microsoft (MSFT, 2.4%). Compared with Q3 2025, it opened 28 new positions, sold out of 48, added to 129 and reduced 315. The biggest buy was a new position in Netease Inc.-ADR (NTES) and the biggest sale SS SPDR S&P 500 Foss FL ETF (SPYX, shares −97%).
- Most Recent 13F
- Q2 2026
- Location
- DENVER, CO
- CIK
- 0001533954
- Portfolio Value
- $943.4M (Q4 2025)
- SEC Filing
- 0002085853-26-000093 ↗ filed Jan 27, 2026
Holdings Value
Holdings 538 stocks · $943.4M
| NVDA Nvidia Corp. | 14.89% | 753,192 | $140.5M | Reduce -1.4% |
| AAPL Apple Inc. | 3.53% | 122,517 | $33.3M | Reduce -1.4% |
| MSFT Microsoft Corp. | 2.43% | 47,497 | $23.0M | Reduce -1.4% |
| AMZN Amazon.com Inc. | 2.05% | 83,922 | $19.4M | Reduce -1.0% |
| GOOGL Alphabet Inc. Class A | 1.84% | 55,446 | $17.4M | Reduce -1.6% |
| QQQ Invesco QQQ Trust Series 1 | 1.73% | 26,608 | $16.3M | Reduce -5.7% |
| META Meta Platforms Inc. Class A | 1.39% | 19,854 | $13.1M | Reduce -1.4% |
| LRCX Lam Research Corp. | 1.32% | 72,697 | $12.4M | Reduce -1.1% |
| TSLA Tesla Inc. | 1.24% | 25,940 | $11.7M | Reduce -1.1% |
| AXON Axon Enterprise Inc. | 1.23% | 20,436 | $11.6M | Reduce -0.6% |
| GS Goldman Sachs Group Inc. | 0.91% | 9,775 | $8.6M | Reduce -2.0% |
| VTWG Vanguard Russell 2000 Growth | 0.84% | 33,562 | $7.9M | No change |
| AVGO Broadcom Inc. | 0.84% | 22,785 | $7.9M | Reduce -0.6% |
| COST Costco Wholesale Corp. | 0.83% | 9,092 | $7.8M | Reduce -1.1% |
| SCHG Schwab US Large-Cap Growth | 0.79% | 229,865 | $7.5M | Reduce -0.4% |
| VTWV Vanguard Russell 2000 Value | 0.74% | 43,494 | $7.0M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.72% | 9,939 | $6.8M | Reduce -9.2% |
| URI United Rentals Inc. | 0.70% | 8,202 | $6.6M | Reduce -0.5% |
| XMMO Invesco S&P Midcap Momentum | 0.69% | 46,961 | $6.5M | Reduce -2.0% |
| XLI SS Industrial Select Sector | 0.68% | 41,270 | $6.4M | Reduce -2.5% |
| SMH Vaneck Semiconductor ETF | 0.67% | 17,618 | $6.3M | Reduce -3.5% |
| SBUX Starbucks Corp. | 0.67% | 75,032 | $6.3M | Reduce -0.5% |
| LLY Eli Lilly & Co. | 0.65% | 5,737 | $6.2M | Reduce -0.8% |
| XLK SS Technology Select Sector | 0.65% | 42,717 | $6.1M | Add +0.7% |
| AMD Advanced Micro Devices | 0.65% | 28,708 | $6.1M | Reduce -0.9% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.63% | 12,207 | $6.0M | Add +58.3% |
| ADBE Adobe Inc. | 0.63% | 16,914 | $5.9M | Reduce -2.4% |
| XLF SS Financial Select Sector | 0.63% | 107,891 | $5.9M | Add +1.9% |
| MA Mastercard Inc. Class A | 0.57% | 9,491 | $5.4M | Reduce -1.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.54% | 45,065 | $5.1M | Reduce -1.4% |
| TXN Texas Instruments Inc. | 0.54% | 29,502 | $5.1M | Reduce -0.2% |
| JPM JPMorgan Chase & Co. | 0.54% | 15,700 | $5.1M | Reduce -2.1% |
| GOOG Alphabet Inc. Class C | 0.53% | 16,078 | $5.0M | Reduce -1.9% |
| PDP Invesco Dorsey Wright Moment | 0.53% | 43,067 | $5.0M | Reduce -4.7% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.53% | 16,589 | $5.0M | Add +28.9% |
| AMAT Applied Materials Inc. | 0.53% | 19,294 | $5.0M | Reduce -2.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.52% | 9,825 | $4.9M | Reduce -5.5% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.52% | 23,298 | $4.9M | Add +12.1% |
| CAIE Calamos Autocallable Inc. ETF | 0.50% | 177,338 | $4.7M | Add +161.2% |
| V Visa Inc. Class A | 0.49% | 13,143 | $4.6M | Reduce -2.1% |
| BA The Boeing Co. | 0.48% | 20,856 | $4.5M | Add +0.7% |
| FTNT Fortinet Inc. | 0.46% | 54,690 | $4.3M | Reduce -0.4% |
| VGSH Vanguard Short-Term Treasury | 0.45% | 72,979 | $4.3M | Add +88.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.45% | 77,601 | $4.3M | Reduce -1.0% |
| ABBV Abbvie Inc. | 0.45% | 18,600 | $4.2M | Reduce -0.8% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.45% | 23,867 | $4.2M | Reduce -0.8% |
| NFLX Netflix Inc. | 0.41% | 41,409 | $3.9M | Reduce -0.2% |
| PWB Invesco Large Cap Growth ETF | 0.41% | 30,153 | $3.8M | Reduce -4.3% |
| AMGN Amgen Inc. | 0.41% | 11,677 | $3.8M | Add +0.5% |
| VKTX Viking Therapeutics Inc. | 0.40% | 107,913 | $3.8M | Add +4.3% |
| GE General Electric filed as GE AEROSPACE | 0.39% | 11,865 | $3.7M | Reduce -0.6% |
| HIG Hartford Insurance Group Inc. | 0.38% | 26,287 | $3.6M | Reduce -3.1% |
| IWV iShares Russell 3000 ETF | 0.38% | 9,363 | $3.6M | No change |
| AXP American Express Co. | 0.38% | 9,598 | $3.6M | Reduce -1.2% |
| NTES Netease Inc.-ADR | 0.37% | 25,370 | $3.5M | New |
| GM General Motors Co. | 0.36% | 41,397 | $3.4M | Reduce -1.4% |
| VGT Vanguard Info Tech ETF | 0.35% | 4,423 | $3.3M | Add +0.1% |
| IWM iShares Russell 2000 ETF | 0.34% | 13,198 | $3.2M | Reduce -3.4% |
| VWO Vanguard Ftse Emerging Marke | 0.34% | 60,183 | $3.2M | Add +2.9% |
| ORCL Oracle Corp. | 0.34% | 16,572 | $3.2M | Reduce -11.8% |
| FDX FedEx Corp. | 0.34% | 11,024 | $3.2M | Reduce -0.6% |
| IWC iShares Micro-Cap ETF | 0.34% | 20,082 | $3.2M | Add +0.5% |
| SHV iShares 0-1 Year Treasury Bo | 0.33% | 27,976 | $3.1M | Reduce -22.1% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.32% | 4 | $3.0M | No change |
| IEV iShares Europe ETF | 0.32% | 43,632 | $3.0M | Add +0.4% |
| MS Morgan Stanley | 0.31% | 16,718 | $3.0M | Reduce -0.8% |
| XLG Invesco S&P 500 Top 50 ETF | 0.31% | 50,048 | $3.0M | Reduce -3.3% |
| KLAC KLA Corp. | 0.31% | 2,374 | $2.9M | Reduce -0.3% |
| PRF Invesco Rafi US 1000 ETF | 0.30% | 59,950 | $2.8M | Reduce -1.4% |
| BMVP Invesco Bloomberg MVP Multi- | 0.30% | 57,451 | $2.8M | Reduce -2.6% |
| COR Cencora Inc. | 0.30% | 8,242 | $2.8M | Add +900.2% |
| EEM iShares MSCI Emerging Market | 0.29% | 50,299 | $2.8M | Reduce -1.7% |
| DE Deere & Co. | 0.29% | 5,865 | $2.7M | Add +24.4% |
| BX Blackstone Inc. | 0.28% | 17,018 | $2.6M | Reduce -4.1% |
| CAT Caterpillar Inc. | 0.27% | 4,509 | $2.6M | Reduce -1.2% |
| RTX RTX Corp. | 0.27% | 13,967 | $2.6M | Reduce -3.5% |
| CRM Salesforce Inc. | 0.27% | 9,649 | $2.6M | Reduce -1.9% |
| CSX CSX Corp. | 0.27% | 69,449 | $2.5M | Reduce -0.1% |
| PANW Palo Alto Networks Inc. | 0.27% | 13,604 | $2.5M | Reduce -3.8% |
| XLE SS Energy Select Sector | 0.26% | 54,911 | $2.5M | Reduce -0.2% |
| CME Cme Group Inc. | 0.25% | 8,742 | $2.4M | Add +0.1% |
| ETN Eaton Corp. PLC | 0.25% | 7,326 | $2.3M | Reduce -1.6% |
| LOW Lowe's Cos Inc. | 0.24% | 9,427 | $2.3M | Reduce -0.2% |
| RYLD Global X Russell 2000 Cov Class | 0.24% | 145,341 | $2.2M | Reduce -1.2% |
| CIBR First Trust Nasdaq Cybersecu | 0.23% | 30,800 | $2.2M | Add +1.5% |
| VHT Vanguard Health Care ETF | 0.23% | 7,632 | $2.2M | Add +2.7% |
| WMT Walmart Inc. | 0.23% | 19,661 | $2.2M | Add +0.7% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.23% | 37,617 | $2.2M | Add +3.1% |
| DELL Dell Technologies -C | 0.23% | 17,183 | $2.2M | Reduce -1.0% |
| QYLD Global X Nasd 100 Cov Call | 0.23% | 122,004 | $2.2M | Reduce -6.7% |
| JNJ Johnson & Johnson | 0.23% | 10,372 | $2.1M | Reduce -0.2% |
| QCOM Qualcomm Inc. | 0.23% | 12,546 | $2.1M | Add +0.2% |
| PYPL PayPal Holdings Inc. | 0.23% | 36,506 | $2.1M | Reduce -1.2% |
| NOW ServiceNow Inc. | 0.22% | 13,785 | $2.1M | Reduce -14.6% |
| AN Autonation Inc. | 0.22% | 10,118 | $2.1M | New |
| BXSL Blackstone Secured Lending F | 0.22% | 79,284 | $2.1M | Add +0.2% |
| PFM Invesco Dividend Achievers E | 0.22% | 39,965 | $2.1M | Add +0.0% |
| BKNG Booking Holdings Inc. | 0.22% | 383 | $2.1M | Add +1.9% |
| H Hyatt Hotels Corp. Class A | 0.22% | 12,717 | $2.0M | Reduce -0.7% |
| VEA Vanguard Ftse Developed ETF | 0.21% | 32,272 | $2.0M | Reduce -1.4% |
Options reported separately and not counted above: GOOGL puts ($94K), AMZN puts ($92K), AAPL puts ($82K), NVDA puts ($75K), SMH puts ($72K), ORCL puts ($39K).
Portfolio Sells Q3 2025 → Q4 2025
| SPYX SS SPDR S&P 500 Foss FL ETF | Reduce -96.5% | 0.03% | −0.72 |
| ESGU iShares ESG Aware MSCI USA | Reduce -97.1% | 0.02% | −0.72 |
| DSI iShares ESG MSCI KLD 400 ETF | Sold out | 0.00% | −0.37 |
| AXON Axon Enterprise Inc. | Reduce -0.6% | 1.23% | −0.31 |
| EFAX State Street SPDR MSCI Eafe | Sold out | 0.00% | −0.28 |
| EUSB Ishr ESG Advn Universal BD-$ | Sold out | 0.00% | −0.21 |
| ORCL Oracle Corp. | Reduce -11.8% | 0.34% | −0.21 |
| MSFT Microsoft Corp. | Reduce -1.4% | 2.43% | −0.16 |
| META Meta Platforms Inc. Class A | Reduce -1.4% | 1.39% | −0.15 |
| ESGE iShares Inc. iShares ESG Awar | Reduce -83.5% | 0.03% | −0.14 |
| JHML John Hancock Multi Fact LRG | Sold out | 0.00% | −0.12 |
| IVW iShares S&P 500 Growth ETF | Reduce -45.2% | 0.16% | −0.12 |
| URI United Rentals Inc. | Reduce -0.5% | 0.70% | −0.12 |
| NFLX Netflix Inc. | Reduce -0.2% | 0.41% | −0.11 |
| JHMD John Hancock MF Dev Intl ETF | Sold out | 0.00% | −0.09 |
| NUHY Nuveen ESG Hi YLD Corp. BND | Sold out | 0.00% | −0.09 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -22.1% | 0.33% | −0.09 |
| NOW ServiceNow Inc. | Reduce -14.6% | 0.22% | −0.09 |
| MSTR Strategy Inc. | Sold out | 0.00% | −0.08 |
| FISV Fiserv Inc. | Reduce -33.6% | 0.04% | −0.07 |
| EFG iShares MSCI Eafe Growth ETF | Reduce -45.8% | 0.08% | −0.06 |
| COST Costco Wholesale Corp. | Reduce -1.1% | 0.83% | −0.05 |
| TTD Trade Desk Inc./the Class A | Reduce -49.7% | 0.04% | −0.05 |
| GSY Invesco Ultra Short Duration | Reduce -63.0% | 0.03% | −0.05 |
| BBWI Bath & Body Works Inc. | Sold out | 0.00% | −0.05 |
| TIP iShares Tips Bond ETF | Sold out | 0.00% | −0.05 |
| NULG Nuveen ESG LRG-Cap GRW ETF | Reduce -60.6% | 0.03% | −0.05 |
| RYAN Ryan Specialty Holdings Inc. | Sold out | 0.00% | −0.05 |
| QUAL iShares MSCI USA Quality Fac | Reduce -20.6% | 0.21% | −0.04 |
| TYL Tyler Technologies Inc. | Sold out | 0.00% | −0.04 |
| ETN Eaton Corp. PLC | Reduce -1.6% | 0.25% | −0.04 |
| CNM Core & Main Inc. Class A | Sold out | 0.00% | −0.04 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -59.1% | 0.03% | −0.04 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -46.9% | 0.05% | −0.04 |
| KNSL Kinsale Capital Group Inc. | Sold out | 0.00% | −0.04 |
| WDAY Workday Inc. Class A | Sold out | 0.00% | −0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -9.2% | 0.72% | −0.04 |
| MPC Marathon Petroleum Corp. | Reduce -2.6% | 0.20% | −0.04 |
| HD Home Depot Inc. | Reduce -5.1% | 0.18% | −0.04 |
| BILL Bill Holdings Inc. | Sold out | 0.00% | −0.04 |
| BX Blackstone Inc. | Reduce -4.1% | 0.28% | −0.04 |
| WSO Watsco Inc. | Sold out | 0.00% | −0.04 |
| DD Dupont DE Nemours Inc. | Reduce -1.1% | 0.04% | −0.04 |
| AGGY Wisdomtree Yield Enhanced US | Reduce -58.2% | 0.03% | −0.04 |
| PANW Palo Alto Networks Inc. | Reduce -3.8% | 0.27% | −0.03 |
| IOT Samsara Inc. Class A | Sold out | 0.00% | −0.03 |
| ASH Ashland Inc. | Sold out | 0.00% | −0.03 |
| CNR Core Natural Resources Inc. | Sold out | 0.00% | −0.03 |
| PYPL PayPal Holdings Inc. | Reduce -1.2% | 0.23% | −0.03 |
| BABA Alibaba Group Holding-SP ADR | Reduce -5.4% | 0.12% | −0.03 |
Portfolio Buys Q3 2025 → Q4 2025
| NTES Netease Inc.-ADR | New | 0.37% | +0.37 |
| CAIE Calamos Autocallable Inc. ETF | Add +161.2% | 0.50% | +0.31 |
| COR Cencora Inc. | Add +900.2% | 0.30% | +0.27 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +58.3% | 0.63% | +0.25 |
| AN Autonation Inc. | New | 0.22% | +0.22 |
| VGSH Vanguard Short-Term Treasury | Add +88.4% | 0.45% | +0.22 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Add +28.9% | 0.53% | +0.13 |
| VKTX Viking Therapeutics Inc. | Add +4.3% | 0.40% | +0.12 |
| KVUE Kenvue Inc. | New | 0.12% | +0.12 |
| MU Micron Technology Inc. | Add +24.1% | 0.17% | +0.09 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +12.1% | 0.52% | +0.07 |
| DE Deere & Co. | Add +24.4% | 0.29% | +0.06 |
| AMGN Amgen Inc. | Add +0.5% | 0.41% | +0.06 |
| LULU Lululemon Athletica Inc. | New | 0.06% | +0.06 |
| NOV Nov Inc. | New | 0.05% | +0.05 |
| SPGI S&P Global Inc. | Add +43.0% | 0.13% | +0.04 |
| IDVO Amplify CWP Intl Enh DVD Inc. | New | 0.04% | +0.04 |
| AIR Aar Corp. | New | 0.04% | +0.04 |
| MAT Mattel Inc. | New | 0.04% | +0.04 |
| PCG P G & E Corp. | New | 0.04% | +0.04 |
| WHR Whirlpool Corp. | New | 0.04% | +0.04 |
| MHO M/I Homes Inc. | New | 0.04% | +0.04 |
| SLB SLB Ltd. | Add +113.3% | 0.07% | +0.04 |
| BITB Bitwise Bitcoin ETF | New | 0.04% | +0.04 |
| LW Lamb Weston Holdings Inc. | New | 0.04% | +0.04 |
| NET Cloudflare Inc. Class A | Add +32.3% | 0.19% | +0.04 |
| XLV SS Health Care Select Sector | Add +61.7% | 0.08% | +0.04 |
| PSKY Paramount Skydance Class B | New | 0.04% | +0.04 |
| ODD Oddity Tech Ltd. Class A | New | 0.03% | +0.03 |
| MCO Moody's Corp. | Add +28.0% | 0.12% | +0.03 |
| ISRG Intuitive Surgical Inc. | Add +0.5% | 0.15% | +0.03 |
| XLF SS Financial Select Sector | Add +1.9% | 0.63% | +0.03 |
| CPNG Coupang Inc. | Add +191.1% | 0.06% | +0.03 |
| VHT Vanguard Health Care ETF | Add +2.7% | 0.23% | +0.03 |
| XBI SS SPDR S&P Biotech ETF | Add +7.5% | 0.13% | +0.03 |
| GRNJ Fundstr Gran SH US SM & Mid | New | 0.03% | +0.03 |
| COWZ Pacer US Cash Cows 100 ETF | New | 0.03% | +0.03 |
| XLK SS Technology Select Sector | Add +0.7% | 0.65% | +0.03 |
| ETHW Bitwise Ethereum ETF | New | 0.03% | +0.03 |
| MRK Merck & Co. Inc. | Add +7.2% | 0.11% | +0.03 |
| IEF iShares 7-10 Year Treasury B | New | 0.03% | +0.03 |
| DIVO Amplify CWP Enhan Divid ETF | Add +78.2% | 0.06% | +0.03 |
| FTCS First Trust Capital Strength | New | 0.03% | +0.03 |
| IVES Dan Wedbush AI Rev ETF | New | 0.03% | +0.03 |
| IWC iShares Micro-Cap ETF | Add +0.5% | 0.34% | +0.03 |
| IJR iShares Core S&P Small-Cap E | Add +18.5% | 0.14% | +0.03 |
| FVD First Trust Value Line DVD | Add +19.3% | 0.14% | +0.02 |
| DLTR Dollar Tree Inc. | New | 0.02% | +0.02 |
| KNG FT Vest S&P 500 DVD Arst TRG | New | 0.02% | +0.02 |
| TER Teradyne Inc. | New | 0.02% | +0.02 |
Options Activity Q3 2025 → Q4 2025
| GOOGL Alphabet Inc. Class A | put | New | 300 | $94K |
| AMZN Amazon.com Inc. | put | New | 400 | $92K |
| AAPL Apple Inc. | put | New | 300 | $82K |
| NVDA Nvidia Corp. | put | New | 400 | $75K |
| SMH Vaneck Semiconductor ETF | put | New | 200 | $72K |
| ORCL Oracle Corp. | put | New | 200 | $39K |
| VKTX Viking Therapeutics Inc. | call | Sold out | 400 | $11Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,744 | $1.1B | NVDA, AAPL, LRCX, AMZN, GOOGL |
| Q1 2026 | 540 | $931.3M | NVDA, AAPL, QQQ, MSFT, AMZN |
| Q4 2025 | 538 | $943.4M | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q3 2025 | 557 | $960.1M | NVDA, AAPL, MSFT, AMZN, QQQ |
| Q2 2025 | 559 | $896.0M | NVDA, AAPL, MSFT, AMZN, AXON |
| Q1 2025 | 524 | $777.9M | NVDA, AAPL, MSFT, AMZN, QQQ |
| Q4 2024 | 505 | $796.4M | NVDA, AAPL, MSFT, AMZN, AXON |
| Q3 2024 | 550 | $792.4M | NVDA, AAPL, MSFT, AMZN, META |
| Q2 2024 | 504 | $746.1M | NVDA, AAPL, MSFT, AMZN, QQQ |
| Q1 2024 | 500 | $771.5M | NVDA, SPY, AAPL, MSFT, QQQ |